Major Shareholder of China Power (2380.HK) Invests Over HK$280 Million to Increase Stakes by Over 100 Million Shares
Recently, the Company has received favourable ratings from prominent financial institutions such as HSBC, Citibank, and Changjiang Securities. Market holds the view that SPIC has a strong desire to build its flagship listing platform. The series of capital transactions in the Company in fact reaffirms the Company’s stature as SPIC’s flagship stock. With outstanding results made in the first half of the year, the Company’s strategies were in place at such a fast rate surpassing market expectations. Therefore, market is highly optimistic about the Company’s value appreciation and investment opportunities during the “14th Five-Year Plan” period.
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